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Regulation 33 Pensionable earningsI1

Scotland

(1)

This regulation applies to an active member (P).

(2)

P’s pensionable earnings for any pay period are the sum of the following amounts paid in that pay period to P by P’s employer in respect of P’s pensionable service—

(a)

all salary and allowances paid for the performance of P’s contractual duties;

(b)

the amount of any payment in respect of overtime;

(c)

any salary or statutory pay paid while P is on sick leave, F1carer’s leave, maternity leave, paternity leave, F2parental leave, shared parental leave F3, parental bereavement leave or adoption leave;

(d)

an amount equal to any part of P’s salary which P has given up the right to receive under a salary sacrifice arrangement;

(e)

the amount of any payment made to P by way of bonus under a pay settlement that applies to all employees (or all employees of a particular class or description) at the institution where P is employed.

(3)

P’s pensionable earnings do not include any amounts mentioned in regulation 34.

Annotations

Textual amendments

F1

Words in reg. 33(2)(c) inserted (6.4.2024) by The Carer's Leave (Consequential Amendments to Subordinate Legislation) Regulations 2024 (S.I. 2024/266), regs. 1(2), 7(5)

F2

Words in reg. 33(2)(c) substituted (1.4.2015) by The Teachers’ Pension Scheme (Scotland) Amendment Regulations 2015 (S.S.I. 2015/97), regs. 1, 6

F3

Words in reg. 33(2)(c) inserted (6.4.2020) by The Parental Bereavement Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2020 (S.I. 2020/354), regs. 1, 34(5)

Commencement

I1

Reg. 33 in force at 1.4.2015, see reg. 1(2)(b)